European TTF gas jumps to €90/MWh on Middle East escalation, low inventories

European benchmark TTF gas prices rose 2.7% to nearly €90/MWh, tracking a 3% oil surge, as Middle East escalation threatens winter supply with inventories historically low at heating-season start. The price move reflects risk premium on supply disruption rather than confirmed physical outages, with uncertainty over escalation trajectory and storage levels.

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